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20130113
20130121
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obama may soon decide on a faster downsizing of troops. the $88 billion requested for overseas contingency operations and into 2013 is a relatively noncontroversial part of this whole thing. let me talk about a couple of numbers. that $80 billion is about half of where we were, need to be added about $550 billion in the base budget plus the nuclear weapons activities of the department of energy is about $550 billion in 2013. we do have a defense authorization bill, it does have limited significance this year sent the appropriations which provide the money are being done on this ongoing continuing resolution bases and since sequestration is still a possibility in two months. to give a feel for that $550 billion, how does that compare to a couple of reference point? you can look of that number as being really big or modest, depending on your vantage point. historically in the cold war, we averaged about boarded 75 -- $457 billion dollars a year. that is adjusted for inflation. on the other hand, we are now down by about $100 billion from repurchase the couple years ago. what's a
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